NOVANT HEALTH MINT HILL MEDICAL CTR — History
CCN 340190 | 3-year financial timeline | COVID resilience: 98/100
🛡️ Public data only — no PHI permitted on this instance.
$108M
Latest Revenue (FY2022)
+16.2%
Revenue CAGR (3yr)
9.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $80M | $103M | $108M | +4.2% | +16.2% |
| Operating Expenses | $79M | $88M | $97M | +11.0% | +10.9% |
| Operating Margin | 0.8% | 15.2% | 9.7% | -36.3% | +248.1% |
| Net Income | $1M | $16M | $10M | -33.7% | +304.5% |
| Licensed Beds | 28 | 36 | 36 | +0.0% | +13.4% |
| Total Patient Days | 8,921 | 12,562 | 10,862 | -13.5% | +10.3% |
| Medicare Day % | 25% | 25% | 25% | -0.2% | -0.7% |
| Medicaid Day % | 16% | 8% | 3% | -58.9% | -54.8% |
COVID Impact & Recovery
Resilience Score: 98/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +35.0% ($80M → $108M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+16.2%
This Hospital
+7.6%
State Avg
Latest Margin
9.7%
This Hospital
-4.6%
State Avg
Projections (FY2023-2025)
Extrapolated from 3-year trend using linear projection. Does not account for regulatory or market changes.
| Year | Revenue (proj) | Margin (proj) |
|---|---|---|
| FY2023 (proj) | $122M | 14.1% |
| FY2024 (proj) | $136M | 18.5% |
| FY2025 (proj) | $150M | 22.9% |